GlobalTranz

FEBRUARY 6, 2015

manufacturers — also known as reshoring — to obtain goods faster and at lower costs than foreign suppliers can offer. Moreover, “Made in the USA” tags can win over domestic customers who want to feel good about their purchases. soil and the majority of total manufacturing costs be spent on U.S. Complying with FTC Rules.

Manufacturing Procurement 99

Manufacturing Procurement Purchasing Skills Cost Reduction Logistics Network Optimization Software 99

Blue Grace Logistics

JULY 27, 2021

The drivers for growth are not simple factors like the price or quality of a product. Customer expectations and the buying capacity of the purchaser coupled with the cost of substitutes or complementary goods also play an important role. Simple Examples of Predictive Analytics. Check out our July Webinar!

Procurement Analytics 62

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

GlobalTranz

AUGUST 21, 2015

However, you may not have enough merchandise to warrant purchasing additional space to send a small truckload of merchandise to a remote area. You need to have someone to pick up your merchandise and get it to your customers without any additional hassle, difficulties, or negotiations of current prices.

Negotiating Skills 94

Negotiating Skills Purchasing Skills Material Savings Manufacturing Procurement 94

GlobalTranz

DECEMBER 7, 2016

For example, the Cerasis Rater enables B2B sales by allowing other B2B partners to request automatically reorders, retrieve freight rates and offer e-commerce fulfillment and shipment. Meanwhile, the majority of purchasers research potential products online before making a decision to buy. Pricing models are changing as well.

Manufacturing Procurement 87

Manufacturing Procurement Modeling Software Logistics Network Optimization Software Price Reduction 87

GlobalTranz

MAY 26, 2015

Yet, many politicians, economic analysts, and skilled workers continue a call to arms to save the stereotypes of an archaic manufacturing industry. The manufacturing industry still relies on the skills of manufacturing workers, but these skill sets have changed to meet demands of the new era. Where Are the Workers?

Manufacturing Procurement 111

Manufacturing Procurement Negotiating Skills Industry Purchasing Skills 111

GlobalTranz

MAY 13, 2015

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 is one of a growing number of big-box retailers building out their supply chains with distribution centers designed to meet the demands of online shopping.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

GlobalTranz

AUGUST 3, 2015

You may opt to organize your business into an independent third-party logistics provider (3PL), or you may want to purchase software for tracking, monitoring, and processing all of your needs. However, you must factor in the cost of purchasing an ERP system and compare it to the cost of purchasing an individual TMS , or SCM system.

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Software Procurement Solutions Logistics Network Optimization Software 97

GlobalTranz

JULY 28, 2015

However, the overall cost of shipping through LTL modes will increase between three and four percent in the next few years. LTL Cost Increase From the Driver Perspective. For example, a business may order a specific number of items, which would be too minute to warrant transport via rail or traditional truckload.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Negotiating Skills Cost Reduction 97

GlobalTranz

AUGUST 5, 2015

The supply chain is filled with instances where a delivered product does not necessarily meet the expectations of the merchant, consumer, or other buyers. Let’s take a look into how RMAs function and some common examples of RMA policy. Common Examples of RMA Policy. Verify the existence of the purchase order.

Resource Reduction 90

Resource Reduction Vendor Strategies Reverse logistics Cost Reduction 90

GlobalTranz

FEBRUARY 25, 2016

For example, some people are offering to pay up to $10 for old, discarded car batteries. Let's take a look at some of the key considerations for the circular supply chain and how supply chain entities are stepping up to meet these demands. Recycling and reuse of scrapped products have become hot-button topics in the modern world.

Supply Chain Software 69

Supply Chain Software Supply Chains Manufacturing Procurement Resource Reduction 69

GlobalTranz

JULY 22, 2016

As a result, companies are doubling down on their efforts to meet the surge in demand and across global omni-channel sales. By nature, logistics providers have focused the majority of their resources of developing the most cost-effective solutions for their clients over years. New Business Models Reduce Operating Costs.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Modeling Software Optimization Software Supply Chain Software 60

GlobalTranz

JANUARY 10, 2017

The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. For example, planning, purchase order placement, manufacturing floor information logistics operations and beyond became essential variables in the goal of creating a more agile supply chain.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

GlobalTranz

MAY 25, 2018

Warehouse managers must understand why changes of standards and use of the Internet of Things (IoT) are needed and how smart warehouses can meet the demands of today and tomorrow. For example, auto-lighting LEDs, RFID, and handheld scanners can help pickers ensure the right item is picked every time.

Inventory Reduction 50

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Software 50

GlobalTranz

OCTOBER 17, 2017

Both services seek to meet the increasing demands of a growing customer base, especially customers of e-commerce platforms, as explained by Deborah Lockridge of Truckinginfo. Think about this conundrum: should last mile services be based on quality or price? Expectations Vary Within White Glove Service & Last Mile Delivery.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Cost Reduction Expense Reduction Price Reduction 60

GlobalTranz

MAY 9, 2018

Shippers have different options, including a network of regional and local carriers, national carriers, intermodal and hand-offs, add-on services, and much more, that affect the speed of delivery and its cost. Software that simplifies freight classification, pricing, and freight scheduling.

Cost Reduction 49

Cost Reduction Purchasing Skills Logistics Network Optimization Software Price Reduction 49

GlobalTranz

AUGUST 18, 2016

Value-Added Services and TMS Capabilities Are Critical Points in Contract Negotiation. As a result, carriers and suppliers are focusing on how value-added services, such as auditing, small package processing and delivery, and freight optimization, can reduce overall costs and shipping duration.

Supply Chain Planning Software 60

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 60

GlobalTranz

JULY 6, 2015

As society experiences more demand for rapid order fulfillment and accuracy in supply chain processes, manufacturers and supply chain management providers must come up with a way to meet consumer demands. For example, robotics could be used to prevent a truckload of merchandise leaving the warehouse if a wreck has occurred several miles away.

Manufacturing Procurement 110

Manufacturing Procurement Logistics Network Optimization Software Expense Reduction Sourcing Strategies 110

The Logistics of Logistics

MAY 18, 2022

Kushal talks with Joe about how FarEye is a delivery management platform that helps businesses get the product at a lower cost and more sustainable fashion. You are dealing with customers who need foster, who have anxiety, and who are price-driven, who do not want to pay for the logistics. The complexity that stays behind this.

Logistics Network Optimization Software 195

Logistics Network Optimization Software Optimization Software Supply Chain Software eCommerce 195

GlobalTranz

JANUARY 17, 2017

In other words, analytics allows companies to focus more on what customers actually purchase , using information obtained from point-of-sale (POS) systems, internet traffic and real-time feedback via social media. This reduces overhead while reducing costs and issues experienced by the consumers. VR tends to replace the entire image.

Manufacturing Procurement 82

Manufacturing Procurement Procurement Analytics Expense Reduction Material Savings 82

GlobalTranz

NOVEMBER 10, 2015

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. For these companies, the use of a dedicated transportation management system, such as Cerasis™ Rater , can be deployed to lower transportation costs across the entire supply chain. Implementation Costs.

Supply Chain Planning Software 90

Supply Chain Planning Software Optimization Software Inventory Reduction Cost Reduction 90

GlobalTranz

DECEMBER 14, 2015

And Marlin would never be able to match its Chinese competitors on price. "My My steel was costing me $7 a basket," says Greenblatt. "We It had the wrong customers; it had the wrong products; it had the wrong prices. Chinese factories were selling baskets for $6 each. Marlin's customers were switching to save $200 a store.

Manufacturing Procurement 63

Manufacturing Procurement Purchasing Skills Material Savings Price Reduction 63

GlobalTranz

MARCH 7, 2016

As explained by Bruce Tompkins , improving the supply chain includes improving service levels through better inventory management, reducing operating costs, reducing order-cycle time, achieving 100-percent accuracy, improving supply chain security and control, and improving flexibility.

Procurement Analytics 61

Procurement Analytics Supply Chain Planning Software Supply Chain Software Supply Chains 61

GlobalTranz

FEBRUARY 14, 2017

Meanwhile, technology is stepping up to meet the added pressures and demand on the industry, and your company needs to understand where it will be felt the most. By only looking at the increasing geographic, political and price barriers to shipping in different parts of the world and U.S., They are the ones making purchases.

Logistics Network Optimization Software 51

Logistics Network Optimization Software Trends Price Reduction Modeling Software 51

GlobalTranz

OCTOBER 27, 2017

Every business, including manufacturing operations, rely on cash flow to meet important needs like fueling growth and keeping the manufacturing process rolling forward. This can be disastrous for manufacturers that need to purchase raw materials to produce their products. No raw materials equals no manufactured goods equals no profits.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Supply Chains Material Savings 72

GlobalTranz

JULY 8, 2015

While businesses want to believe moving forward through selling product is the only way to achieve success, reality tells of customer returns, environmental considerations for equipment recycling and reuse, cost management, and the effective management of all the aspects between the three. Cost Management. Environmental Factors.

Reverse logistics 110

Reverse logistics Material Savings Cost Reduction Logistics Network Optimization Software 110

GlobalTranz

MARCH 30, 2016

For example, value-added service may include perks when shipping a large quantity of products on a recurring basis. In other words, 4PLs enable an organization to work smarter, more efficiently, all the while without the increased cost of purchasing such services from another consultant. Cost-Savings and Future Planning.

Collaboration 54

Collaboration Logistics Network Optimization Software Purchasing Skills Buyer Training 54

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. Alternatively, intermediary-based, or non-asset 3rd Party Logistics Companies have waged a “near-war” with various carriers to negotiate cheaper rates and more rapid delivery times. How Does the 3PL Meet E-Commerce Needs?

Logistics Network Optimization Software 96

Logistics Network Optimization Software Procurement Analytics Inventory Reduction Supply Chain Software 96

GlobalTranz

MAY 5, 2017

Markets change, consumers decide to purchase different products and economies fail. For example, crowdfunding and social media, reports Joe Birkedale of Catalyst , can be leveraged to judge a product’s success in advance of the actual manufacturing process. As a result, inventory can be effectively controlled and costs kept down.

Manufacturing Procurement 48

Manufacturing Procurement Production Cost Reduction Inventory Reduction 48

GlobalTranz

JULY 19, 2016

Fortunately, shippers and warehouse managers who follow these best practices can improve production to meet the surging demand. For example, the required information could easily expand to include details that are not mandated as of now. Integrate Your eCommerce System With Compliance Requirements.

eCommerce 53

eCommerce Warehousing Procurement Analytics Cost Reduction 53

WorkWave

AUGUST 25, 2022

Someone has expressed interest in your product or service by filling out a form on your website, attending a webinar or seminar, or responding to an ad. These leads can be qualified or unqualified, coming from various sources. It’s critical to think about how you will retain customers after they make a purchase.

Resource Reduction 52

Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

GlobalTranz

MAY 18, 2016

Operating your business is only half the battle in getting customers to purchase your products. After a customer purchases a product, you still need to get the item or items to him. For example, the individual items on a UPS truck for neighborhood delivery would be considered small package, but even UPS offers LTL services.

Manufacturing Procurement 57

Manufacturing Procurement Packaging Purchasing Skills Price Reduction 57

GlobalTranz

AUGUST 4, 2015

Waddell goes on to state how to optimize manufacturing operations with what he calls the 5 Golden Metrics of Manufacturing: There are five golden metrics that really matter: total cost, total cycle time, delivery performance, quality and safety. Total Cost. The only meaningful measurement of total cost is on a cash basis.

Manufacturing Procurement 99

Manufacturing Procurement Procurement Analytics Optimization Software Optimization 99

GlobalTranz

AUGUST 3, 2017

In addition, parcel shipping can be a cost center filled with instances of double billing, inaccuracies, and problems. While the carrier has the responsibility in getting packages to customers, auditing services can ensure your carrier is meeting those responsibilities, including keeping shipping costs down.

Logistics Network Optimization Software 54

Logistics Network Optimization Software Optimization Software Procurement Solutions Vendor Strategies 54

GlobalTranz

SEPTEMBER 21, 2015

A rapid prototype tool called Mininet, for example, allows the user to quickly create, interact with, customize and share a software-defined network (SDN) prototype on a single computer which simulates a network topology that uses Openflow switches. It's a pretty cool alternative to the Flex wristband that comes from the original purchase. .

Manufacturing Procurement 98

Manufacturing Procurement Video Modeling Software Optimization Software 98

GlobalTranz

APRIL 24, 2018

Customer activity has increased, and some employees are actually sending their personal purchases to work address. For example, a transportation management system (TMS), like the Cerasis Rater , is designed to handle inbound parcel freight management, as well as other over-the-road shipping modes.

Inbound 48

Inbound Vendor Strategies Logistics Network Optimization Software Procurement Analytics 48

GlobalTranz

FEBRUARY 27, 2015

Increased bid competitiveness through pricing accuracy. Running our pricing accurately was a huge problem… it is fairly easy now, and further use of reporting features will help with this. More accurate pricing means we can win bids against some of the largest food companies out there. Lower inventory carrying costs.

Manufacturing Procurement 110

Manufacturing Procurement ERP Logistics Network Optimization Software Procurement Solutions 110

GlobalTranz

OCTOBER 20, 2017

Therefore, many less-than-truckload carriers are now offering white glove services as part of their services to tap into this revenue stream, allowing carriers to drive traditional delivery costs for large, bulky shipments down by providing extra services that customers are willing to pay for. Strategies Must Consider the Big and Small Stuff.

eCommerce 48

eCommerce Logistics Network Optimization Software Procurement Analytics Cost Reduction 48